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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks actually feel comfortable coming in, and actually supporting. what i mean by that is, like, nra members are actually overwhelmingly in support of a lot of the stuff with the president is doing, and by saying it actually gives them talking points to talk to their friends and family about it, and that's what they're trying to do. >> right. >> and if glen is right and we're moving towards a second term in which the president is going to be more forth rightly liberal and more principled, then this makes sense, right. this is re-establi
by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks...
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ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns they're looking at. they're looking at mental health and research, links between violent media. you know, they are looking at more armed school resource officers at schools and providing funding for that. but i think constantly framing it, these are things that just make sense that the majority of americans support. and how can the republicans be so intransigent, not be even willing to discuss or consider any of these measures. >> richard, a month ago we heard the pundits say hand it off to joe biden and you will be involved in a senate committee process and lose all the momentum. well, this president/joe bid
ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns...
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. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we would have budgeted in washington or college. maybe they won't present one, maybe they will. they have to at some point. the continuing operations of the government that bill expires in march. we have to do something. the big one is the debt limit. do we lift the debt limit so you can continue to borrow more money to fund the government? republicans are coming to the conclusion that they'll figure out a way to do that. even that's not a given. republicans have had it with spending. they feel they're going to use these leverage points, even ones that really could have, i think, a catastrophic effect on the economy. th
. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we...
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they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries.
they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries.
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i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life-saving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and schools and invest in our worker's skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does t
i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now for the gut check. the president called for sweeping new legislation to curb gun violence and ask lawmakers to take the next step. >> to make a real and lasting dnchs, congress too must act and act soon. >> i'm calling to ask proposals right away. >> what does your gut tell you? will republicans give any support to the president's proposa proposals? go to facebook.com/"news nation" and we will have the results tomorrow. that does it for this erkz additi edition of "news nation." the cycle is up next. [ male announcer ] at scottrade, you won't just find us online, you'll als
to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now...
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tells him how much he's allowed to collect in taxes. he says there's a difference there. i have to borrow it. no, you can't borrow that. the whole debt ceiling thing itself is a crazy thing. it forces the president to do something illegal, either to defy congress on what it told him to spend or defy congress and borrow when it told him not to. >> krugman was one of the leading proponents of the trillion dollar coin idea which involved minting a platinum coin which would be deposited at the federal reserve allowing the government to pay off bills should congress fail to act. over the weekend the treasury d department ruled out the idea. >>> before we go to break. shoot me an e-mail at waytooearly@msnbc and let me know why you're awake. you can also tweet me. >>> still ahead on "way too early," a wild weekend for the nfl as the atlanta fallons break their playoff slump in dramatic fashion. i'll bring you all the weekend highlights next in sports, if i make it. >>> and it was a big night for fans of "homeland" and a little-known show called "game change." we'll also get a ch
tells him how much he's allowed to collect in taxes. he says there's a difference there. i have to borrow it. no, you can't borrow that. the whole debt ceiling thing itself is a crazy thing. it forces the president to do something illegal, either to defy congress on what it told him to spend or defy congress and borrow when it told him not to. >> krugman was one of the leading proponents of the trillion dollar coin idea which involved minting a platinum coin which would be deposited at...
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we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit. in a powerful moment today the president spoke about meeting the parents of newtown victim grace mcdonnell. there she is. let's take a look. >> grace was seven years old when she was struck down. just a gorgeous, caring, joyful little girl. i'm told she loved pink. she loved the beach. she dreamed of becoming a painter. chris, her father, gave me one of her paintings. and i hung it in my private study just off the oval office. and every time i look at that painting, i think about grace. and i think about the life that she lived and the life that lay ahead of her. and most of all i think about how when
we can be for lower taxes, less government, less regulation. we can agree on that. but that is sick. why don't they call him up and say shut up once in awhile. your thoughts? >> they should. and if rush limbaugh actually saw that classroom after that morning, the reality of the situation that we're talking about. >> two to eleven bullets in each kid. unrecognizable children. remember being in first grade? >> i have a son who's there. >> we all remember it a little bit....
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a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american penal are expecting, and the republican party as they get ready for the next election really has to focus on some of these issues and not ignore them. >> chris, what's sad to me about that is that by virtue of mentioning the phrase climate change, it's almost like colin powell has kicked himself out of the republican party. this party used to play ball on that issue. now they're denying the actual science behind it. they have swung so far right, and my question after all of this, after that interview which was incendiary and was very much a line in the sand for the gop -- >> it's history making. >> when will the republican party admit they have a problem? because every time something like this happens, there is a doubling down, there is a defense, there is an attack on th
a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american penal are expecting, and the republican party as they get ready for the next election really has to focus on some of these issues and not ignore them. >> chris, what's sad...
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they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't have this majority of support from the party and pretty big, as well. >> all right. mark, thank you very much. greatly appreciate it. talk to you tomorrow on these things. >>> former president george h.w. bush has now been released from the hospital in houston today and headed home. mr. bush was admitted to the hospital around thanksgiving, suffering from a severe case of bronchitis. in the stay, developed a fever. doctors say he'll continue physical therapy at home. mr. bush is 88 years old. >>> my starting point is not to worry about the politics
they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't...
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because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes the trading session on the downside by about 24 points or so. the standard & poor's fractionally higher by a quarter of a point. and the nasdaq up about seven points on the trading session. that's it from cnbc. we are first in business worldwide. martin is back after a very quick break. ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get marr
because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes...
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compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether it is fair game to use the debt ceiling as a piece of political leverage to get the government to stop its spending. on the one hand, people on the right say, well, what else are we going to use? we are engaging in sort of financial madness spending so much so we have to use whatever tool is available there and you heard the president yesterday, tamron, saying this is like taking the economy hostage by threatening not to pay debts that we have already incured. >> tyler, as i mentioned, the dow up just a little bit today. how soon will we see perhaps start to see an impact on the arrows on the sc
compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether...
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as i said the other night, if only the corporations set corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. that's what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's message is out of sync with that heartbeat, and i think there are ways and opportunities for them to get back in sync to lay out that concern about the second amendment and why the protection is important, but put it out there in the context of those kids who were killed because that's what people see most of all. >> let's talk about the president's strength now. bob, this monday and -- this tuesday he will have taken the oath a second time. the american people have doubled down on this president, a majority of the american people have voted for this guy. two majority votes. he will have that in his poc
as i said the other night, if only the corporations set corporate tax law, it would be pretty low. if only the gun guys set gun laws, there aren't going to be any gun laws. the people who don't own guns or own guns casually will have to do something. >> that's exactly right. that's what the president has taken away from the lessons of newtown. listening to the heartbeat of the people on this right now. you can see it in the polls. you hear it in the language, and right now the gop's...
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i wasn't separating out about the specifics of entitlement reform and tax reform from the larger issue of how to bring the middle class back, because they are all tied together, david. you can't have one without the other. >> i understand. but the republican thinking in congress has been that the cuts are enough. and that is not the answer. >> no, no, i couldn't agree more. if you take just education and job creation, for example, there is going to be a sea change in american education, which is already underway. go long on community colleges. >> yes. >> developing a skill set. >> yes. we need to support that. and we need to support that, but i need to challenge one thing -- >> medicaid and medicare together. medicare and medicaid together. within 10 years, it devours every cent. >> there's a progressive argument for dealing with that issue. >> which is what? when are we going to hear it? >> well, i want to challenge you and you as well, david, on this point. >> challenge the president, david. >> no, you and you. the premise that the president has not been venturesome in this area, has
i wasn't separating out about the specifics of entitlement reform and tax reform from the larger issue of how to bring the middle class back, because they are all tied together, david. you can't have one without the other. >> i understand. but the republican thinking in congress has been that the cuts are enough. and that is not the answer. >> no, no, i couldn't agree more. if you take just education and job creation, for example, there is going to be a sea change in american...
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because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've done $600 billion in rev
because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and...
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we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico and mike allen. she really pushed back hard on the argument that there have not been so far enough women in key roles throughout the cabinet. i'm not talking about the whole cabinet, but the lead four. now we look at dennis mcdonough being the chief of staff. on the frontline, not enough women. she points out in her comments to mike allen and jim vaned high, i don't play golf. i don't play basketball. i don't really play cards. i don't think anybody questions whether i have a role to play here. it's irrelevant whether the president wa
we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico...
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, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >> i like your time slot a lot better than ours, actually. 1:00's okay. >> try it some time, sleep in a bit. >> i'd like to. >>> coming up next, the gun lobby reacts to the president's proposals and that nra ad. >>> plus, biden, bloomberg, and gabby giffords. there's a trio inside "time's" special edition on gun control. this is "andrea mitchell reports" only on msnbc. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! maybe you want to incorporate a business. or protect your family with a will or living trust.
, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >>...
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the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the ages of 2011, they thought that using the debt ceiling was a great idea and got them great leverage. they have climbed up the mountain and rig down the mountain so many times with this president. >> climbed down the mountain. i think it was a -- >> good point. talk about a cliff. but, you're right. they don't really want to play that game. they don't want to be accused of not paying the country's bill, but how do thaw use that leverage in order to finally get to cuts, which the president said will be coming, but never seems to come in their lives. >> back to the white house here, boy, the markets would love t
the reality is, an agreement that has taxes in, spending cuts, but also the debt ceiling would not be a negotiation. >> and jennifer, what's interesting, i keep hearing from republican leadership. they would love to actually, they don't want, the debt limit is not where they want to have this focus. they want it on the government shutdown, the continuing resolution, but they don't know how to get their members to see it the way they see it. >> that's right. a long time ago in the...
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i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody knows how that will play out. >> we may just find out what happens when we reach the debt limit. jim, in spite of what the white house's grand plans for gun reform may be, there still may be not a lot of backing in congress. if you look at even republicans in the midwest and republicans in the north, how does this play out right now in congress? >> well, right. there's going to be a lot of focus on gun control. there has been since the shooting, and there will be when the president unveils his package today. i would caution people to look at the
i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody...
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will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to play you something the president said on monday. you referenced it yourself. take a listen. >> they will not collect or ransom an exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. >> jared, i put it to you, do they not realize this fight isn't just hurting the economy. it's also helping this president look like the only grown-up in washington. >> i don't think they're calculus on this stuff is as rational as your question suggests, of course. but, again, if you actually get out of this beltway, and i try to do it as much as possible, and talk to people, the question i consistently get is why doesn't washington really care about the problems that we face? and when you mention recent housing
will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to play you something the president said on monday. you referenced it yourself. take a listen. >> they will not collect or ransom an exchange for not crashing the...
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at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's daughters in a new ad. k.j.l. tweets yes, this new ad is disgusting. you can be a member, want to protect second amendment rights and say no to assault weapons. from patricia, does the nra understand the magnitude of the potus' daughters being a member of the first family and what that entails? from rusty, absolutely. family members should always be off limits. we encourage you to keep the comments coming in to us on twitter or facebook. also, how does the white house now respond to the nra ad? we'll have a live report from the white house next. [ male announcer ] there are only so many foods that make kids happy. an
at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's...
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and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened bef e before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the b
and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the...
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if you look at the ryan plan, it had 20% tax cuts in it and it didn't balance the budget for another 30 years. it was not a deficit reduction -- >> let me make a point about that. >> jared, go ahead. >> listen to this. this is underappreciated. the paul ryan budget plan required an increase in the debt ceiling. let's be very clear about that. i completely agree with jonathan on this. in fact, these are people who pose as budget hawks. they're really chicken hawks. >> those are the people who are going after chuck hagel who didn't serve in vietnam. >> varijared, the president yesterday in talking about proposals to deal with the issue of gun violence mentioned the idea of employing another 14,000 police officers as part of a gun control package. okay? >> right. >> but doesn't that have the double value of not only increasing protections but also actually employing people? >> right. when i heard that -- >> but is that -- does that come under the word stimulus that paul ryan finds unacceptable. >> i'm afraid if you call it stimulus it may not happen, but yes. but yes, you're right. one
if you look at the ryan plan, it had 20% tax cuts in it and it didn't balance the budget for another 30 years. it was not a deficit reduction -- >> let me make a point about that. >> jared, go ahead. >> listen to this. this is underappreciated. the paul ryan budget plan required an increase in the debt ceiling. let's be very clear about that. i completely agree with jonathan on this. in fact, these are people who pose as budget hawks. they're really chicken hawks. >>...
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of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ay be easy, but when you wake up in the middle of the night it can be frustrating. it's hard to turn off and go back to sleep. intermezzo is the first and only prescription sleep aid approved for use as needed in the middle of the night when you can't get back to sleep. it's an effective sleep medicine you don't take before bedtime. take it in bed only when you need it and have at least four hours left for sleep. do not take intermezzo if you have had an allergic reaction to drugs containing zolpidem, such as ambien. allergic reactions such as shortness of breath or swelling of your tongue or throat may occur and may be fatal. intermez
of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ay be easy, but when you wake up in...
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in terms of tax rates. so fairness would be a part of -- >> that's established. now we're ready for the medicare reform, right? >> well, i guess we're ready to start talking about them joe. >> mark i love what you've written. obama's moment to call us to a greater collective commitment. i think this really resonates with something we've been yearning for on the show. you say this. to borrow a signature phrase let me be clear, this day is not about him, it's about us our nation, our future. where do we go from here? what is the right path forward? how do we come together? here's what i do want to hear. the word "we." a call to a greater collective commitment, a recognition of the sacrifices to come a signal of willingness nessness to do the unpopular to take on his political base a surprise or two, humility faith, gratitude, and keep it short. how great a legacy to leave to call together an anxious nation to calm the divide and ask brothers to lay down their arms to inspire them to a greater cause, to fight
in terms of tax rates. so fairness would be a part of -- >> that's established. now we're ready for the medicare reform, right? >> well, i guess we're ready to start talking about them joe. >> mark i love what you've written. obama's moment to call us to a greater collective commitment. i think this really resonates with something we've been yearning for on the show. you say this. to borrow a signature phrase let me be clear, this day is not about him, it's about us our...
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of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. [ male announcer ] staples is the number-one office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doc
of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. [ male announcer ] staples is the...
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of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. totally fine. wait. it's full of what? it's full of these gel beads, son. these awesome little blue gel beads. you bought a mat
of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ♪ ♪ ♪ [ male announcer ] don't...
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budget deal that is balanced and that has enough spending cuts, real spending cuts, to balance any tax revenues? >> well, i think we need to look at long-term and that's where the house has passed the budget. we're still waiting on the senate to pass the budget after 1,350 days. you need to have that on the table from the senate side. you obviously need to have that from the president who has not told us when he is going to send his budget over. is he going to miss those dead looirchz. we have a lot of work to do, but it deals with spending. that's the problem. i want to avoid a downgrade, and i do agree with the vice president of the united states that says we're not going to default on our debt. that's clear. we have enough payments coming in to the treasury to pay our interest on the debt, and that's how we avoid the default, but we've got to focus on the spending problem, and that's what most of my constituents are talking about. >> i want to ask you about the gun control debate because the president is going to be rolling out a new proposal tomorrow, and he is prepared to use exec
budget deal that is balanced and that has enough spending cuts, real spending cuts, to balance any tax revenues? >> well, i think we need to look at long-term and that's where the house has passed the budget. we're still waiting on the senate to pass the budget after 1,350 days. you need to have that on the table from the senate side. you obviously need to have that from the president who has not told us when he is going to send his budget over. is he going to miss those dead looirchz. we...
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right now you're taxed up until you make $113,000. let's raise that cap to $150,000. there has been numerous proposals by democrats to do this. and this adds years and years of life to social security. so let's put that on the table and see what the other side comes back with and have that conversation. >> one of the proposals that intrigued me that you have out there is this idea that there needs to be budgeting for natural disaster clean-ups. you come from the state of florida, i'm a floridian. we know all too well, we see what's going on with sandy. those are the first votes you voted oranges which is to spend money on these clean-ups. do you think you can budget this? >> well, when you live here in south florida and you are, you know, live in fear of hurricanes every season, it's definitely in the back of your mind frequently. and is there was a bill that was put forward several years ago by some local south floridan members of congress, a national catastrophic fund. when you look across the country, basically everywhere there is natural disasters from floods and
right now you're taxed up until you make $113,000. let's raise that cap to $150,000. there has been numerous proposals by democrats to do this. and this adds years and years of life to social security. so let's put that on the table and see what the other side comes back with and have that conversation. >> one of the proposals that intrigued me that you have out there is this idea that there needs to be budgeting for natural disaster clean-ups. you come from the state of florida, i'm a...
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that was something that boehner tried to do with his whole plan "b" during the tax thing. and when he couldn't do that, then suddenly he lost all leverage. so that's the name of the game number one. and then the second part is what david was talking about there, which is they are trying to figure out how to basically move away from the debt limit as a part of this argument, and that's -- it's easier said than done. they know where they should be having this spending argument, and that is with funding the government. whether they can get the rank and file to that place is another story. and that's why the white house's strategy is go ahead and pass something. you've got that whole dollar-for-dollar spending cuts to debt limit, go ahead and give it a shot. see how you come up with it because the white house doesn't believe that boehner can pass a bill that even meets his own standard of dollar for dollar. >> and i would just add, i think the view among top republicans, republican leaders, is that the well is so poisoned by president obama. i mean, this goes beyond, you know,
that was something that boehner tried to do with his whole plan "b" during the tax thing. and when he couldn't do that, then suddenly he lost all leverage. so that's the name of the game number one. and then the second part is what david was talking about there, which is they are trying to figure out how to basically move away from the debt limit as a part of this argument, and that's -- it's easier said than done. they know where they should be having this spending argument, and that...
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know our neighbors, the congressman in the next district, however it works, why would i pay higher taxes for your kids to go to school? why would you sacrifice something for me to get health care? >> why would you believe if i told you i would be with you the next time? developing relations. >> not just legislative, culture. you have to know each other for a republic to work. don't have to love each other but have to feel neighborliness. >> that's a good point. look at congress. there was a time members of congress lived in washington. now, it's a three-day workweek e essenti essentially, tuesday, wednesday, thursday, they're on planes back to their districts, no matter how far away for the four-day weekend. they don't spend that much time together, don't spend that much time in washington like they used to. the old sort of image of the washington dinner party in georgetown, where decisions are made and even where friendships and bonds are created that lead to those decisions, that's kind of out-dated. >> it's the politics. the problem is it's us in the media. if they get together. this
know our neighbors, the congressman in the next district, however it works, why would i pay higher taxes for your kids to go to school? why would you sacrifice something for me to get health care? >> why would you believe if i told you i would be with you the next time? developing relations. >> not just legislative, culture. you have to know each other for a republic to work. don't have to love each other but have to feel neighborliness. >> that's a good point. look at...